Who Are We?
Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
Job Category Underwriting Target Openings 1 What Is the Opportunity?
Our Corporate team uses their specialist expertise to offer bespoke insurance solutions to our largest and most complex clients in the UK and Ireland. Due to our continued growth, we are looking for a Senior Underwriter to join our team in any of our UK or Ireland offices.
In this interesting and varied role, you will be involved from the early stages of client engagement through close interaction and collaboration with our colleagues in Risk Control, Claims, and other critical stakeholders both in the UK and the US. You’ll be responsible for triaging new business opportunities, developing prospects, leading the technical underwriting of these risks, and helping to deliver Travelers’ bespoke customer proposition. You’ll manage an assigned allocation of large cross-class renewal accounts and will also be one of the primary contacts for our regional underwriting teams, providing technical support to assist in writing new business and retaining our existing accounts with our broking partners.
Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full-time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company’s discretion.
This role is eligible for a £2,500 new joiner bonus. If you are successfully referred by an employee at Travelers Europe, both you and the person who referred you could be eligible for this bonus.
What Will You Do?
* Participate as an advisory/referral point to achieve responsible product development within the Corporate division to ensure it is consistent with profit, growth, and retention strategies for the Product.
* Active engagement in Key Case underwriting and new business.
* In conjunction with Regional and Branch Management, effectively mentor and coach development underwriting staff to ensure underwriting standards and profitability objectives are achieved for Product Development.
* Assist in the development and leveraging of broker/client relationships through a high level of visibility.
* Act as large case expert both internally and externally.
* Assist the Director Corporate to determine sector strategy.
* Encourage others to help achieve underwriting, sales, and production goals and understand and work towards strategic objectives.
* Establish and maintain collaborative relationships with colleagues in Head Office, Risk Control, Claims, Actuarial, and as needed, any other parts of the organization.
* In exercising own underwriting authority, assure that policies and accounts are effectively underwritten, handled, and documented in compliance with company and regulatory standards and requirements.
* Develop and leverage broker/client relationships through a high level of visibility and using a disciplined sales management approach (e.g., planning and follow-up for broker and prospective customer visits/meetings) in support of business objectives.
* Demonstrate superior customer service standards (consistency, quick response, knowledge of products).
* Customer interaction focusing on meeting customer expectations for response time and knowledge of products and business.
* Work strategically and tactically with brokers to ensure they have an appropriate level of understanding of BI goals and objectives.
* Perform other duties as assigned.
What Will Our Ideal Candidate Have?
* Advanced knowledge and ability required in respect of analytical thinking, judgment, decision making, communication, and strong teamwork.
* Demonstrates proven ability in respect of broker planning and engagement activities.
* Demonstrates advanced ability in the areas of customer focus and positive broker interaction.
* Demonstrates intermediate knowledge and ability in respect of Microsoft Office systems including Excel and PowerPoint.
* Typically demonstrates advanced relationship management skills.
* ACII preferred.
What is a Must Have?
* Previous experience of underwriting in Property and Casualty classes of business.
* Significant experience directly managing/engaging with large UK Corporate Clients.
What Is in It for You?
* Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
* Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
* Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
* Wellness Programme: The Travelers wellness programme is comprised of tools, discounts, and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that support your daily life needs.
* Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.
Employment Practices
Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.
If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.
Travelers reserves the right to fill this position at a level above or below the level included in this posting.
To learn more about our comprehensive benefit programs please visit this link.
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